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Hinge Health HNGE Business Segments — Revenue

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Other financials

Income statement

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Revenue$212.8M+53.0%
Gross profit$183.9M+88.2%
Operating income$40.4M+107%
Net income$43.7M+108%
EPS (diluted)$0.52+104%

Balance sheet

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Cash & equivalents$287.7M+20.4%
Total debt$5.9M-40.9%
Total equity$344.3M+98.1%
Total assets$827.4M+19.3%

Cash flow

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Operating cash flow$101.4M+401%
CapEx$123.0K-37.6%
Free cash flow$101.3M+406%

Valuation

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Market cap$6.2B+31.2%
Enterprise value$5.91B+31.6%
P/E80.5×
P/S8.6×-1.2×

Profitability

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Gross margin84.5%+6.8pp
Operating margin9.2%
Net margin10.7%
FCF margin40.3%+21.3pp

Returns & leverage

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Return on equity29.7%
Debt / equity0.0×
Current ratio1.3×-0.6×

Where this comes from

Reported directly by Hinge Health in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Hinge Health’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054327
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$212,817$139,098$395,124$262,923
Less (add):
Acquisition and other expenses (1)4401,3371,1342,968
Stock-based compensation expense (2)19,092590,98330,784590,990
Other segment income (loss) (3)(1,710)9,430(3,060)5,610
Cost of revenue (excluding 1,2,3)27,47123,77754,37847,188
Research and development (excluding 1,2,3)25,90822,77451,44744,816
Sales and marketing (excluding 1,2,3)75,07149,549139,46096,264

Item 1. Financial Statements (Unaudited)

FAQ

What is Hinge Health's business segments — revenue?
Hinge Health (HNGE) reported business segments — revenue of $212.82M in Q2 2026.
How has Hinge Health's business segments — revenue changed year-over-year?
Hinge Health's business segments — revenue increased by 53.0% year-over-year, from $139.1M to $212.82M.
What does business segments — revenue mean?
Represents the total gross income generated by the primary business segment through the delivery of digital musculoskeletal health services. This metric reflects the scale of market adoption among self-insured employers and the effectiveness of the company's core platform offerings. It serves as a key indicator of top-line growth and market penetration within the digital health sector.

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